Judo Capital Holdings Ltd (ASX: JDO) Shares Drop 19% Following Trading Update

Fri 02 May 25, 04:34 AM |

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Highlights

Judo Capital shares fell 19% after emerging from a trading halt yesterday afternoon.

The market reacted to warnings of slower growth, higher impairments, and weaker margins.

Macquarie revised its price target for Judo from AUD1.85 to AUD1.70 after the update.

Judo Capital Holdings Ltd (ASX: JDO), the parent company of Judo Bank, saw its shares plunge by 19% on Thursday following a sudden trading halt and market update. The drop came after the company disclosed key financial concerns, including slower loan book growth, rising impairment charges, and pressure on profit margins.

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